Mission
THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATES OF INTEREST.
Public Charity
MOBILE EDUCATORS CREDIT UNION
Based in MOBILE, AL, MOBILE EDUCATORS CREDIT UNION operates as a Public Charity. The organization reported $4.7M in revenue, $3.3M in expenses, $110.4M in total assets for fiscal year 2025.
EIN: 630458217
MOBILE, AL
Latest filing: 2025
Total Revenue$4.7M
Total Expenses$3.3M
Total Assets$110.4M
Grant Records0
Filing Years2021–2025
Where $100 goes at Mobile Educators Credit Union
How Mobile Educators Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Alabama banking code, section 5-17-1, states that a credit union is a cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
SUPERVISORY COMMITTEE MEMBER
Barbara Scarbrough
BOARD CHAIRPERSON
Christine Nassar
BOARD MEMBER
Desiree Duke
BOARD TREASURER
D Lloyd Scott
SUPERVISORY COMMITTEE CHAIR
Eveline Dennis
VP OPERATIONS & COMPLIANCE
Jason Singley
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.7M | $3.3M | $110.4M |
| 2024 | $4.4M | $3.5M | $109.1M |
| 2023 | $4.1M | $3.2M | $108.4M |
| 2022 | $3.2M | $2.7M | $110.4M |
| 2021 | $2.8M | $2.6M | $110.6M |
Between 2021 and 2025, reported annual revenue grew from $2.8M to $4.7M (+66%), with total assets most recently reported at $110.4M.
Interactive year-over-year charts and full filing details available with membership.